Posted 3:16 AM by Paul
The Common Ownership of the Means of Production

MG Rover has finally announced that they are closing Longbridge. MG Rover is now being consigned to history. Blair was on a radio phone in and ruled our re-nationalisation as an option when a distraught redundant car worker called in asking why the Government doesn’t take over the company to save British manufacturing industry. Understandable. Repeating failed history is unlikely to be a solution.

Everyone agreed that the only hope had been to revive the deal with the Shanghai Motor Company. The Shanghai Motor Company that is the one owned by the Chinese State and run by Communist apparatchiks.

A consortium of venture capitalists were looking to the Communist Party of China to bail them out.